Common use of Shareholders of Acquiree Clause in Contracts

Shareholders of Acquiree. The Acquiree Shareholders are, and will be on the Closing Date, the sole owners, of record and beneficially, of all the issued and outstanding shares of the Acquiree's capital stock.

Appears in 2 contracts

Sources: Stock Purchase Agreement (RCM Technologies Inc), Stock Purchase Agreement (RCM Technologies Inc)

Shareholders of Acquiree. The Acquiree Shareholders are, and will be on the Closing Date, the sole owners, of record and beneficially, of all the issued and outstanding shares of the Acquiree's capital stock. Acquiree does not own more than 5% percent of the issued and outstanding capital stock of any other corporation or an equity interest in any other entity.

Appears in 1 contract

Sources: Stock Purchase Agreement (RCM Technologies Inc)